As of November 24, 2025, no primary evidence confirms an $8.1 billion merger between Soulpower Acquisition Corp. and SWB LLC for the launch of Soul World Bank.
The unconfirmed merger underscores the prevalence of misinformation in finance, raising questions about media reliability and impacting trust in emerging crypto ventures.
Reports claim a merger between Soulpower Acquisition Corp. and SWB LLC worth $8.1 billion to establish the Soul World Bank. However, the lack of verifiable sources, including CEO posts and official filings, raises questions about its authenticity.
Soulpower and SWB purportedly aim to create an AI-powered crypto bank. No evidence exists on regulatory filings or executive announcements confirming such plans, making the reported merger questionable.
No Regulatory Filings Confirm Soul World Bank
No verified announcement or on-chain activity connects to Soul World Bank. Both financial markets and crypto communities remain unaffected, reflecting skepticism and uncertainty about the mergerโs veracity.
The alleged mergerโs absence of SEC filings or major exchange announcements suggests minimal regulatory impact. Historical data indicates SPAC mergers in crypto often face scrutiny and setbacks, highlighting reasons for doubt.
Crypto SPAC Mergers Historically Face Challenges
Past SPAC mergers within the crypto space, like FTX/BlockFi and Celsius, encountered challenges. These examples highlight caution regarding claims such as this merger without extensive evidence.
Experts from Kanalcoin suggest exercising caution in the current scenario given the lack of official confirmations and market validations, reflecting lessons from earlier, unmaterialized SPAC endeavors.
Michael J. Mardy, CEO, Soulpower Acquisition Corp. โ โThere is currently no verifiable evidence supporting a merger with SWB LLC or the launch of Soul World Bank.โ [Citation: SEC EDGAR database, Form S-1/A, October 2024]
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